Mercantile (Ordinary Share) MRC

UK Growth

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Estimated NAV (p)

1637.00

Share Price (p)

1410.50

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Mercantile (Ordinary Share) Price 77.38%
Mercantile (Ordinary Share) NAV 72.36%
FTSE 250 ex Inv Trusts 73.98%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 1420.0p -13.3% 1637.00p 1638.00p
19 Nov
113% 2.82%

Discrete performance % over

Fund / BenchmarkDec '11
Nov '12
Dec '12
Nov '13
Dec '13
Nov '14
Mercantile (Ordinary Share) Price22.9345.59-0.89
Mercantile (Ordinary Share) NAV23.8934.443.49
FTSE 250 ex Inv Trusts23.7133.984.97

Discrete performance over

Discrete Performance

Top 10 Holdings

Serco Group 2.18%
Barratt Developments PLC 2.07%
Rexam 1.95%
Jardine Lloyd Thompson Group 1.95%
Catlin Group Ltd 1.84%
Berkeley Group 1.72%
Amlin Plc 1.72%
SSP Group 1.72%
Dixons Carphone 1.72%
TSB Banking 1.61%

Sectors weighting

Finance - General 22.90%
Consumer Services 22.80%
General Industrials 22.40%
Net Current Assets 13.10%
Consumer Goods 7.90%
Technology 4.20%
Healthcare 2.90%
Oil & Gas 1.60%
Utilities 1.00%
Telecommunications 0.60%
Materials 0.60%

Regional weighting

UK 87.00%
Cash/Cash Equiv. 13.00%
  • Investment trust info:

  • Sector UK Growth
  • Launch Date 08 Dec 1884
  • Base Currency GBX
  • Domicile UK
  • Share Price (p) 1410.50
  • Share Type Ordinary Share
  • TIDM MRC
  • ISIN GB0005794036
  • Shares Issued (M) 98
  • Market Capital (£M) 1395.02
  • Gross Assets (£M) 1814.65
  • Net Assets (£M) 1608.03
  • TER (%) 0.51
  • Historic Dividend Yield (%) 2.82
  • Last AGM 21 May 2014
  • Next AGM 21 May 2015
  • Last Annual Report Date 04 Apr 2014
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To achieve long-term capital growth from a UK portfolio of medium and smaller companies with dividend at least in line with UK inflation.
  • Management Group(s):

  • J.P. Morgan Fleming Asset
  • JP Morgan Asset Management (UK) Ltd
  • JPMorgan Asset Management (UK) Ltd
  • Managed by:

  • Anthony Lynch Start: 31 Dec 2009
  • Guy Anderson Start: 01 Aug 2012
  • Martin Hudson Start: 01 Jan 1993
  • Management Contract & Fees:

    Management agreement with JPMorgan Asset Management terminable on 6 months' notice. The management fee is paid monthly in arrears and is equal to 0.5% per annum of the Company's market capitalisation, excluding funds managed or advised by JPMorgan Asset Management or any of its associate companies.